Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high. This rally follows the announcement th...

Insurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...

LIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sa...

Investors must purchase Zydus Lifesciences shares by Wednesday, May 27, to be eligible for the Rs 1,100 crore buyback, as the record date i...

India is preparing to launch a new share sale for Life Insurance Corporation of India next month. This offering could bring in as much as R...

Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate action...

In July 2023, the country’s largest life insurer paid a dividend of Rs 3 a share. On Monday, shares of LIC ended 5.3% higher on the Nationa...

The board of the Securities and Exchange Board of India (Sebi) at a meeting held late last month did not approve a proposal to defer the im...

The draft red herring prospectus (DRHP) for the proposed IPO will be filed after the board approval. "Key decisions on how much discount wi...

LIC last month appointed six independent directors on its board to meet regulatory norms of corporate governance. LIC appointed former fina...

Insurance giant LIC has completed acquisition of 51 per cent controlling in the bank, IDBI Bank said in a regulatory filing on Monday.

IDBI Bank board today also approved increasing authorised capital of the bank from Rs 8,000 crore to Rs 15,000 crore.

State-owned IDBI Bank's board will meet next week to consider preferential allotment of up to 51 per cent shares to LIC.

The board is due to meet tomorrow to take up the proposal.

The LIC board had proposed investing in IDBI Bank, which has been approved by Irda with certain terms and conditions.

GIC Housing Finance said it will acquire up to 16 per cent stake in LIC Nomura Mutual Fund Asset Management Company for Rs 22.68 crore.

In addition to routine developments, the regulator will discuss matters related to investments that will be taken up by the board later, sa...